Divorce and the Marital Home

During a difficult transition like divorce, you're likely to experience both emotional and financial distress. One of the most critical decisions you will face is what to do with the marital home. Depending on your unique circumstance, there may be many complex factors to consider when deciding whether to keep or sell the home. As a Real Estate Divorce Specialist, I'm here to provide straight-forward answers, serve as a neutral advisor, help you to explore your options with the home and educate you on the pros and cons of each option so you can avoid costly mistakes and potential complications. When you understand how divorce may impact your mortgage, taxes, credit and other critical areas involving the home and finances, you can make informed decisions and take the proper steps moving forward.  

Divorce can present many complex issues that are not present in a typical real estate transaction. That's why it's imperative that you work with a Real Estate Divorce Specialist. As a REDS, I've been educated in the intricacies of divorce as it relate to the marital home.  Whether your goal is to keep or sell the home, I can help you navigate your way through this challenging life transition, saving you time, money and aggravation. 

If you are considering or currently in the process of divorce, I can meet with you for a free initial consultation in your home, my office or remotely via Zoom.  During this time, we can discuss your goals as they relate to the marital home, examine your options and address any questions or concerns you may have.  The sooner you have a plan of action and start taking the appropriate steps, the better your desired outcome will be.

KNOWLEDGE IS POWER - WHAT YOU SHOULD KNOW...

• What is marital property vs separate property.

• Protecting your credit score during and after divorce.

• The mortgage... when and why to refinance.

• When to keep the home jointly and what to consider.

• How to minimize conflict when selling during a divorce.

• Purchasing another home after divorce.

• Potential home owner's insurance issues.

• Why and when you should think about a home inspection.

•  The appraisal and CMA (comparative market analysis). 

• Possible current and future tax consequences of selling or keeping the home.